Tinka Announces Delisting from the Bolsa De Valores De Lima
Rhea-AI Summary
Tinka Resources (TSXV: TK) (OTCQB: TKRFF) has announced its voluntary delisting from the Bolsa de Valores de Lima (BVL), also known as the Lima Stock Exchange. The company's shares will continue trading on the TSX Venture Exchange under 'TK' and on the OTCQB under 'TKRFF'.
Lima-based stock broker Kallpa Securities Sociedad Agente de Bolsa has ceased its role as the company's sponsor on the BVL. The official delisting process is expected to complete in approximately 60 business days.
Positive
- Maintaining listings on major exchanges TSX Venture and OTCQB
- Potential cost savings from reduced listing fees and compliance requirements
Negative
- Reduction in trading venue diversity with delisting from BVL
- Loss of Lima-based stock broker Kallpa Securities as sponsor
News Market Reaction
On the day this news was published, TKRFF gained 11.45%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2025) - Tinka Resources Limited (TSXV: TK) (OTCQB: TKRFF) ("Tinka" or the "Company") announces its decision to voluntarily delist its common shares from the Bolsa de Valores de Lima ("BVL"), also known as the Lima Stock Exchange. The Company's common shares will continue to be listed and traded as normal on the TSX Venture Exchange under the symbol "TK" and on the OTCQB under the symbol "TKRFF".
Kallpa Securities Sociedad Agente de Bolsa ("Kallpa"), a Lima-based stock broker, is no longer a sponsor of the Company on the BVL. The Company expects official delisting from the BVL in approximately 60 business days.
On behalf of the Board,
"Graham Carman"
Dr. Graham Carman, President & CEO
Further Information:
www.tinkaresources.com
Mariana Bermudez 1.604.685.9316
info@tinkaresources.com
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About Tinka Resources Limited
Tinka is an exploration and development company with its flagship property being the
Forward Looking Statements: Certain information in this news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws (collectively "forward-looking statements"). All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding Nexa and Buenaventura becoming Control Persons of the Company and future financings of the Company. Forward-looking statements are based on the beliefs and expectations of Tinka as well as assumptions made by and information currently available to Tinka's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations: regulatory approvals; volatility and sensitivity to market prices; timing of planned work programs and results varying from expectations; delay in obtaining results; changes in equity markets; uncertainties relating to the availability and costs of financing needed in the future; equipment failure, unexpected geological conditions; imprecision in resource estimates or metal recoveries; success of future development initiatives; competition and operating performance; environmental and safety risks; timing of geological reports; the preliminary nature of the Ayawilca Project PEA and the Company's ability to realize the results of the Ayawilca Project PEA; the political environment in which the Company operates continuing to support the development and operation of mining projects; risks related to negative publicity with respect to the Company or the mining industry in general; delays in obtaining or failure to obtain necessary permits and approvals from local authorities; community agreements and relations; and, other development and operating risks. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Although Tinka believes that assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein. Except as may be required by applicable securities laws, Tinka disclaims any intent or obligation to update any forward-looking statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248246
FAQ
When will Tinka Resources (TKRFF) be delisted from the Lima Stock Exchange?
Which exchanges will continue to trade Tinka Resources (TKRFF) shares after the BVL delisting?
Why is Tinka Resources (TKRFF) delisting from the Lima Stock Exchange?
What are the trading symbols for Tinka Resources after the BVL delisting?
